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Agriculture & Farming;Investments & Funding

UNCDF and Bayer Foundation deploy first $1 million in Food Systems innovation Loans

The UNCDF and Bayer Foundation have made their first investments under the Food Systems Innovation Finance Facility, providing $500,000 each to Omia Agribusiness in Uganda and SokoFresh in Kenya, amid a record 23.1% drop in official development assistance in 2025.

Germany;Kenya;Uganda;United States | 1 month ago

Investments & Funding

GHIT Fund invests $8.5 million in five Global R&D Projects for malaria and NTD drugs

The GHIT Fund has committed JPY 1.37 billion (USD 8.5 million) to five R&D projects targeting malaria and neglected tropical diseases, including preclinical antimalarial development and multi-country trials for eumycetoma treatment fosravuconazole.

1 month ago • India;Japan;Kenya;Senegal;United States

Agriculture & Farming

Turkana County sets up Irrigation Development Unit to strengthen food security and expand agricultural output

The Turkana County Government has announced the creation of the County Irrigation Development Unit (CIDU) to boost agricultural productivity by expanding irrigated land. The new unit, aligned with the Irrigation Act of 2019, will oversee small-scale and county-led irrigation projects

3 months ago • Kenya

Latest News

Defence | 2 days ago

Elbit Systems secures $350 million international main battle tank modernization contract

Israel-based defense electronics company Elbit Systems has clinched a $350 million international contract to upgrade main battle tanks over a four-year period, integrating advanced situational awareness, AI-driven targeting, and modern communication suites.

Business & Corporate | 2 days ago

UPS commits USD 50 million to industrial logistics and launches time-definite Mexico air freight

UPS is investing nearly $50 million in specialized automotive and industrial network enhancements. The expansion introduces time-definite heavy air freight services between the U.S. and Mexico, streamlining cross-border production cycles and integrating brokerage and warehousing into a single-carrier solution.

Energy & Power | 2 days ago

NLC India selects Ohmium and InSolare for 4 MW green hydrogen project in Tamil Nadu

Ohmium International and InSolare Energy have partnered to deploy a 4 MW green hydrogen facility for NLC India Limited. Utilizing advanced Proton Exchange Membrane technology, the plant in Neyveli aims to produce 700 metric tons of hydrogen annually for industrial and mobility applications.

Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.